Nayax closes partnership with E-Plug to process payments at 2,200 charging points in the US

Nayax partnership with E-Plug processes payments at approximately 2,200 charging points in the US, expanding the company's presence in the American market.

New Nayax partnership brings EV payments to the E-Plug network in the US

Nayax, an Israeli payments company, has closed a new partnership to process payments from electric vehicle owners at E-Plug network stations in the United States, in a network expected to reach about 2,200 charging points.

In early March, Nayax reported that 40% of its revenue already originates from the American market, highlighting its focus on expansion in the country.

The initiative follows previous agreements: in January, Nayax signed a partnership with Autel Energy to incorporate payment technology into around 100,000 chargers, scheduled for installation in North America and Europe this year. This move occurred after the acquisition of Lynkwell, announced in December for $25.9 million.

The EV market is undergoing changes: Cox Automotive registered a 29.9% drop in new electric vehicle sales in January, while used EV sales grew by 21.1% in the same period.

E-Plug, controlled by Energy Plus NY, is expected to be one of the first EV platforms to adopt the combined Nayax-Lynkwell service. The package offers payment processing, cloud fleet monitoring, monetization tools, and consolidated financial reports for gift card and app transactions.

• 2,200 connections planned in the US with the E-Plug partnership
• Agreement with Autel Energy for up to 100,000 chargers in North America and Europe
• Acquisition of Lynkwell for $25.9 million in December

We invite you to comment: in your opinion, can the consolidation of payments in charging networks accelerate EV adoption or reduce costs for operators? Leave your opinion in the comments.